New utility-scale solar company coming to isles

SPI Solar, also known as Solar Power Inc., plans to become the largest utility-scale solar developer in Hawaii with 68 projects on three islands.

SPI has acquired the rights to co-develop and construct 68 solar energy facilities totaling approximately 29 Megawatts on Oahu, Maui, and the Kona side of Hawaii island. The facilities will feed directly into the legacy utilities' power grids, according to a statement.

SPI is based in Roseville, Calif. and trades over-the-counter under the symbol SOPW.